《大行報告》美銀證券上調中外運(00598.HK)目標價至4元 評級「買入」
美銀證券發表報告,預期中外運(00598.HK)可受惠於空運強勁的收益率及貨量增長;去年恢復相對落後於貨運代理的物流業務有所復甦;及歐洲快速運輸和貨運代理業務KLG的進一步融合。報告稱,作為公司有史以來最大海外併購,順利整合KLG,將為未來併購做好準備,讓中外運可為客製化物流提供終端對終端解決方案,改善客戶粘性,及長遠提升利潤率。
該行表示,集團今年首季利潤表現強勁,其公布核心盈利料介乎7.61億至7.97億元人民幣,較去年首季的1.83億元人民幣,及2019年首季的4.86億元人民幣大幅增長。
美銀上調中外運股份目標價18%,由3.4元升至4元,評級維持「買入」,考慮首季業績強勁,並調升集團今明兩年盈測介乎6%至7%。
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